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Archive
- 5/23/2025 -
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Charter Communications (CHTR) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :
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| | It was the negative week for the Charter Communications (CHTR). During the week, the CHTR dropped -20.89 points, or -4.89%, and closed at 406.36 on Friday, May 23, 2025. Weekly volume was 14% above average.
CHTR is a member of Communication Services Sector. Communication Services is the second most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See CHTR long-term trend chart]
A long-term downtrend had started on September 2, 2021 at 825.62 and reached 236.08 on April 26, 2024. CHTR lost 589.54 points, or 71.41%, in 138 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (193.05) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
 Medium-term trend: [See CHTR medium-term trend chart]
A medium-term uptrend had started on April 9, 2025 at 312.40 and reached 437.06 on May 16, 2025. CHTR gained -124.66 points, or -39.90%, in 5 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
 Weekly Technical Indicators: [See CHTR weekly technical indicators chart]
Weekly technical indicators are neutral. Weekly MACD has bearish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with weekly MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals.
The weekly MACD line is above its signal line since May 2, 2025. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
 Short-term trend: [See CHTR short-term trend chart]
A short-term downtrend had started on May 16, 2025 at 437.06 and reached 402.00 on May 23, 2025. CHTR lost 35.06 points, or 8.02%, in 7 days. The price is now at the 12.44% retracement level.
Daily Technical Indicators: [See CHTR daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. Use the following link to access Lane's Stochastic help.
During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.
During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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